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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The DGFT issued Public Notice No. 06/2025-26 amending the Standard Input Output Norms (SION) A-1294 for Di-Ethyl Phthalate (DEP) export. The amendment modifies two import items: Phthalic Anhydride remains unchanged at 0.700 kg, while Ethanol is replaced with Denatured Ethyl Alcohol at 0.435 kg. The modification takes immediate effect, allowing for adjusted import quantities under the specified export product, with the change implemented through executive powers granted under the Foreign Trade Policy-2023.
The DGFT issued Public Notice No. 06/2025-26 amending the Standard Input Output Norms (SION) A-1294 for Di-Ethyl Phthalate (DEP) export. The amendment modifies two import items: Phthalic Anhydride remains unchanged at 0.700 kg, while Ethanol is replaced with Denatured Ethyl Alcohol at 0.435 kg. The modification takes immediate effect, allowing for adjusted import quantities under the specified export product, with the change implemented through executive powers granted under the Foreign Trade Policy-2023.
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